Top business headlines: Maruti sales hit slow lane, GST collection, & more

From Maruti Suzuki sales to GST, Business Standard brings to you stories that made the headlines on Saturday

Maruti Suzuki sales slip 22% in May, posts sharpest fall in 7 years

India’s largest carmaker Maruti Suzuki reported a 22 per cent decline in sales in May, its sharpest fall since August 2012. This is the third consecutive month that the company’s sales have dropped.

The top four automakers — Maruti, Mahindra & Mahindra, Tata Motors and Honda Cars India — together sold 229,294 units in the month. Read more here

GST collection crosses Rs 1 trillion for third straight month in May

Goods and services tax (GST) collection crossed Rs 1 trillion for a third straight month in May,